Hedge Funds & Alternative Investments
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Price guidance out for New Development Bank’s 3-year dollar benchmark bond
The price guidance is out for New Development Bank’s three-year Regulation S dollar benchmark bond at SOFR mid-swaps plus 75 basis points area. Books are at $1billion, with Joint Lead Manager interest at $500 million, reported IFR. Net proceeds from the sale of the notes will be used as general…
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